Harvard is wealthier than more than HALF of the world’s countries

There are 195 countries in the world, and over half of them are poorer than Harvard University.

The Ivy League institution’s 2018 endowment was $38.3 billion, according to Stacker. This amount exceeds the wealth of any of more than half of the 195 countries around the world. To arrive at this determination, Campus Reform compared the endowment numbers listed by Stacker with the "total wealth" of each of the world's countries, according to Credit Suisse's 2018 Global Wealth Report.

University endowments operate in a fashion similar to tax-exempt hedge funds, reported Stacker. Private institutions often use nonprofit status to avoid tax, but a provision of the 2017 Tax Cuts and Jobs Act will levy a small tax on schools with funds totaling more than $500,000 per student. Harvard has 36,012 students, with an endowment per student average of more than $1 million.


https://www.campusreform.org/?ID=13635

Harvard University is the number one endowed university in the world. A close second is Emery University, in Atlanta.

One of Emery's graduates held the bulk of all stock in the Coca-Cola company, one of the wealthiest corporations and holding companies in the world, and he left his entire estate to Emery.

phildidge wrote:There are 195 countries in the world, and over half of them are poorer than Harvard University.

The Ivy League institution’s 2018 endowment was $38.3 billion, according to Stacker. This amount exceeds the wealth of any of more than half of the 195 countries around the world. To arrive at this determination, Campus Reform compared the endowment numbers listed by Stacker with the "total wealth" of each of the world's countries, according to Credit Suisse's 2018 Global Wealth Report.  

University endowments operate in a fashion similar to tax-exempt hedge funds, reported Stacker. Private institutions often use nonprofit status to avoid tax, but a provision of the 2017 Tax Cuts and Jobs Act will levy a small tax on schools with funds totaling more than $500,000 per student. Harvard has 36,012 students, with an endowment per student average of more than $1 million.


https://www.campusreform.org/?ID=13635

And it's still one of the most expensive schools on the planet.

Maddog wrote:

phildidge wrote:There are 195 countries in the world, and over half of them are poorer than Harvard University.

The Ivy League institution’s 2018 endowment was $38.3 billion, according to Stacker. This amount exceeds the wealth of any of more than half of the 195 countries around the world. To arrive at this determination, Campus Reform compared the endowment numbers listed by Stacker with the "total wealth" of each of the world's countries, according to Credit Suisse's 2018 Global Wealth Report.  

University endowments operate in a fashion similar to tax-exempt hedge funds, reported Stacker. Private institutions often use nonprofit status to avoid tax, but a provision of the 2017 Tax Cuts and Jobs Act will levy a small tax on schools with funds totaling more than $500,000 per student. Harvard has 36,012 students, with an endowment per student average of more than $1 million.


https://www.campusreform.org/?ID=13635

And it's still one of the most expensive schools on the planet.

It can be.  My daughter went to Harvard, receiving her BA, MBA and law degrees from it, and paid no more that she would in a state university.  You have to know how to take advantage of financial programs.

Original Quill wrote:

Maddog wrote:

And it's still one of the most expensive schools on the planet.

It can be.  My daughter went to Harvard, receiving her BA, MBA and law degrees from it, and paid no more that she would in a state university.  You have to know how to take advantage of financial programs.

And she's stuck living in Texas.

Maddog wrote:

Original Quill wrote:

It can be.  My daughter went to Harvard, receiving her BA, MBA and law degrees from it, and paid no more that she would in a state university.  You have to know how to take advantage of financial programs.

And she's stuck living in Texas.

No, that daughter lives in Cambridge, Massachusetts, and she works for Harvard University as a Director of Program in a research field.

Original Quill wrote:

Maddog wrote:

And she's stuck living in Texas.

No, that daughter lives in Cambridge, Massachusetts, and she works for Harvard University as a Director of Program in a research field.

Poor thing. She must be jealous of the one in Southlake,

Maddog wrote:

Original Quill wrote:

No, that daughter lives in Cambridge, Massachusetts, and she works for Harvard University as a Director of Program in a research field.

Poor thing. She must be jealous of the one in Southlake,

Money vs. Intellectual...it's an age old question. Fortunately, Harvard pays well for their MBA/JD's.